Zimmerman Simmons
08/13/2024 · Junior High School
Membership fees of Gizmo Soccer Club was R300 per year for 20.1 and R340 per year for 20.2. On 31 December 20.1, it was noted that 8 members did not pay their membership fees for 20.1 and 13 members paid their membership fees for the 20.2 on 31 December. The financial year end of Gizmo Soccer Club is 31 December. The membership fees account in the general ledger of Gizmo Soccer Club will be debited with ... on 31 December 20.1 .
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To determine the amount that will be debited to the membership fees account in the general ledger of Gizmo Soccer Club on 31 December 20.1, we need to consider the membership fees for the year 20.1 and the unpaid fees.
1. **Membership Fees for 20.1**:
- The fee per member for 20.1 is R300.
- There were 8 members who did not pay their fees for 20.1.
The total unpaid fees for 20.1 would be:
\[
\text{Unpaid Fees for 20.1} = 8 \text{ members} \times R300 = R2400
\]
2. **Membership Fees for 20.2**:
- The fee per member for 20.2 is R340.
- There were 13 members who paid their fees for 20.2 on 31 December 20.1.
The total fees received for 20.2 would be:
\[
\text{Fees for 20.2} = 13 \text{ members} \times R340 = R4420
\]
However, since the question specifically asks for the amount that will be debited to the membership fees account on 31 December 20.1, we only need to consider the unpaid fees for 20.1.
Thus, the membership fees account will be debited with the total unpaid fees for 20.1, which is R2400.
**Final Answer**: The membership fees account will be debited with R2400 on 31 December 20.1.
Quick Answer
The membership fees account will be debited with R2400 on 31 December 20.1.
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